The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. It operates in four segments: Gas Distribution Operations, Gas Pipeline Investments, Wholesale Gas Services, and Gas Marketing Services. The company also constructs, acquires, owns, and manages power generation assets, including renewable energy and battery energy storage projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, wholesale gas services, and gas pipeline investments operations. It owns and/or operates 30 hydroelectric generating stations, 24 fossil fuel generating stations, 3 nuclear generating stations, 13 combined cycle/cogeneration stations, 44 solar facilities, 13 wind facilities, 1 fuel cell facility, and 1 battery storage facility; and constructs, operates, and maintains 75,924 miles of natural gas pipelines and 14 storage facilities with total capacity of 157 Bcf to provide natural gas to residential, commercial, and industrial customers. The company serves approximately 8.6 million electric and gas utility customers. It also provides products and services in the areas of energy efficiency, and utility infrastructure. In addition, the company offers digital wireless communications and fiber optics services. The Southern Company was incorporated in 1945 and is headquartered in Atlanta, Georgia.
IPO Year:
Exchange: NYSE
Website: southerncompany.com
Date | Price Target | Rating | Analyst |
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1/23/2025 | Buy → Neutral | Guggenheim | |
9/20/2024 | $94.00 | Hold | Jefferies |
9/16/2024 | $90.00 | Outperform → Neutral | Mizuho |
8/2/2024 | Outperform → Peer Perform | Wolfe Research | |
4/4/2024 | Buy → Neutral | UBS | |
1/11/2024 | $72.00 → $77.00 | Market Perform → Outperform | BMO Capital Markets |
12/8/2023 | $82.00 | Buy | Citigroup |
11/3/2023 | $78.00 | Sector Outperform → Sector Perform | Scotiabank |
10/16/2023 | $78.00 | Sector Perform → Sector Outperform | Scotiabank |
9/13/2023 | Underperform → Neutral | BofA Securities |
GULFPORT, Miss., March 5, 2025 /PRNewswire/ -- Mississippi Power announced today that Pedro Cherry has been named president of the company with Anthony Wilson continuing in his roles of chairman and CEO until summer. Cherry has worked in the energy industry for 30 years and been a part of the Southern Company system for nearly 25 years. He previously served as president and CEO of both Atlanta Gas Light and Chattanooga Gas, two southern region natural gas utilities that serve approximately 1.8 million customers in two states. "I am excited to join Mississippi Power during the
150 MW facility to provide reserve power for Alabamians BIRMINGHAM, Ala., March 3, 2025 /PRNewswire/ -- Alabama Power will develop the state's first utility-scale battery energy storage system (BESS) on the former Plant Gorgas site in Walker County, which reliably powered Alabama for more than a century. The new Gorgas Battery Facility will store up to 150 MW of electricity generated by other Alabama Power resources. 150 MW is equivalent to the capacity needed to power about 9,000 homes. "This facility will help Alabama Power understand how we can best use battery systems on
GULFPORT, Miss., Feb. 27, 2025 /PRNewswire/ -- Mississippi Power Chairman, President and CEO Anthony Wilson announced today that he will be retiring this summer after a career with Mississippi Power and Southern Company that spanned more than four decades. "I have been very blessed to work in the region where I grew up and love tremendously," Wilson said. "Our employees work tirelessly to deliver safe, reliable energy to our customers and communities in southeast Mississippi, and it's been an honor to be a part of this team. Our company is well-positioned for the future thanks
Company's national, award-winning program looks to add to 13.4 million pounds of debris removed from Alabama waterways. BIRMINGHAM, Ala., Feb. 26, 2025 /PRNewswire/ -- The highly anticipated 26th season of Alabama Power's Renew Our Rivers (ROR) cleanups begin Saturday, March 1, at Valley Creek. In 2025, ROR Coordinator Mike Clelland has 28 cleanup events lined up, running through October 31, with additional dates to be announced. SO), provides reliable electricity to 1.5 million customers across the state." alt="Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE:SO), provides reliable electricity to 1.5 mil
ATLANTA, Feb. 20, 2025 /PRNewswire/ -- Southern Company today reported fourth-quarter earnings of $534 million, or 49 cents per share, in 2024 compared with earnings of $855 million, or 78 cents per share, in the fourth quarter of 2023. Southern Company also reported full-year 2024 earnings of $4.4 billion, or $4.02 per share, compared with $4.0 billion, or $3.64 per share, in 2023. Excluding the items described under "Net Income – Excluding Items" in the table below, Southern Company earned $544 million, or 50 cents per share, during the fourth quarter of 2024, compared with
ATLANTA, Feb. 12, 2025 /PRNewswire/ -- The Board of Directors of Southern Company today announced the election of James O. (Jimmy) Etheredge as an independent director, effective Apr. 1, 2025. Board committee assignments have not yet been determined. "Jimmy's extensive leadership experience makes him an invaluable addition to our board," said Southern Company chairman, president, and CEO Chris Womack. "His proven track record in leading large teams, discovering innovative solutions, and understanding various industry sectors, including utilities, aligns with our company's obje
Expansion of a diverse energy mix includes continued investment in Georgia Power's existing generation fleet; Enhancements to the power grid to increase reliability and resiliency; Customer-focused programs that include expanded renewable energy options and increased initiatives for income-qualified customers ATLANTA, Jan. 31, 2025 /PRNewswire/ -- Georgia Power today filed its 2025 Integrated Resource Plan (IRP), which details the company's plan to meet the energy needs of customers and support the state's expected continued extraordinary growth. In the IRP, the company has proposed necessary investments in its generation fleet and transmission system to help ensure Georgia Power can contin
ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable March 6, 2025, to shareholders of record as of February 18, 2025. Every quarter for 77 consecutive years, Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter. About Southern CompanySouthern Company (NYSE:SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable
Company prepared to respond to expected snow and sub-freezing temperatures. ATLANTA, Jan. 21, 2025 /PRNewswire/ -- As Winter Storm Enzo brings sub-freezing temperatures to the state, Georgia Power is encouraging customers to take steps now to prepare and stay safe and warm. Whether exploring new ways to save energy or preparing for severe weather and potential power outages, resources available on GeorgiaPower.com and the company's social media channels include useful tips for weathering the storm. Tips to help minimize the impact of cold, winter weather on your power bill inc
ATLANTA, Jan. 15, 2025 /PRNewswire/ -- Southern Company plans to release its earnings for the fourth quarter of 2024 by 7:30 a.m. EST on Thursday, February 20, 2025. Chairman, president and CEO Christopher C. Womack and CFO Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. EST on Thursday, February 20. Investors, media and the public may listen to a live webcast of the conference call at https://investor.southerncompany.com/events-and-presentations/default.aspx by clicking on the appropriate audio link. A replay of the webcast wil
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ATLANTA, Jan. 28, 2025 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable March 6, 2025, to shareholders of record as of February 18, 2025. Every quarter for 77 consecutive years, Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter. About Southern CompanySouthern Company (NYSE:SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable
ATLANTA, Jan. 15, 2025 /PRNewswire/ -- Southern Company plans to release its earnings for the fourth quarter of 2024 by 7:30 a.m. EST on Thursday, February 20, 2025. Chairman, president and CEO Christopher C. Womack and CFO Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. EST on Thursday, February 20. Investors, media and the public may listen to a live webcast of the conference call at https://investor.southerncompany.com/events-and-presentations/default.aspx by clicking on the appropriate audio link. A replay of the webcast wil
ATLANTA, Oct. 15, 2024 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable December 6, 2024, to shareholders of record as of November 18, 2024. Every quarter for 77 consecutive years, Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter. About Southern Company Southern Company (NYSE:SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, relia
ATLANTA, Oct. 4, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the third quarter of 2024 by 7:30 a.m. ET on Thursday, October 31, 2024. Southern Company Chairman of the Board, President and Chief Executive Officer Christopher C. Womack and Chief Financial Officer Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. ET on Thursday, October 31. Investors, media and the public may listen to a live webcast of the conference call at https://investor.southerncompany.com/events-and-presentations/default.aspx by cli
SAN FRANCISCO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Southern Company: 23 Consecutive Years of Dividend Increases Southern Company (NYSE:SO) is an energy company providing electric and gas service to nine million customers across the United States. Click to view the SO Fact Sheet Click to view the SO Investor Presentation Advisor Access spoke with Southern Company's chairman, president and CEO, Chris Womack, about the company's business model, culture and plans for future growth. Advisor Access: For readers unfamiliar with Southern Company, would you share an overview of the company? Chris Womack: Southern Company is one of the largest utility holding companies in the United States. We
ATLANTA, July 15, 2024 /PRNewswire/ -- Southern Company today announced a regular quarterly dividend of 72 cents per share on the company's common stock, payable September 6, 2024, to shareholders of record as of August 19, 2024. Every quarter for 76 consecutive years, Southern Company has paid a dividend to its shareholders that is equal to or greater than the previous quarter. About Southern CompanySouthern Company (NYSE:SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliabl
ATLANTA, July 2, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the second quarter of 2024 by 7:30 a.m. EST on Thursday, August 1, 2024. Southern Company Chairman, President and Chief Executive Officer Christopher C. Womack and Chief Financial Officer Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. EST on Thursday, August 1. Investors, media and the public may listen to a live webcast of the conference call at https://investor.southerncompany.com/events-and-presentations/default.aspx by clicking on the a
ATLANTA, April 22, 2024 /PRNewswire/ -- Southern Company today announced it is increasing its dividend by 8 cents per share on an annualized basis to a rate of $2.88 per share. This marks the 76th consecutive year that Southern Company has paid a dividend on its common stock that is equal to or greater than the previous quarter. Additionally, this is the 23rd consecutive year the company has raised its dividend. Southern Company also announced a regular quarterly dividend – including an increase of 2 cents per share over the prior quarter – of 72 cents per share, payable Jun
ATLANTA, April 4, 2024 /PRNewswire/ -- Southern Company plans to release its earnings for the first quarter of 2024 by 7:30 a.m. EST on Thursday, May 2, 2024. Chairman, president and CEO Christopher C. Womack and CFO Daniel S. Tucker will discuss earnings during a conference call for financial analysts at 1 p.m. EST on Thursday, May 2. Investors, media and the public may listen to a live webcast of the conference call at https://investor.southerncompany.com/events-and-presentations/default.aspx by clicking on the appropriate audio link. A replay of the webcast will be availabl
ATLANTA, Feb. 15, 2024 /PRNewswire/ -- Southern Company today reported fourth-quarter earnings of $855 million, or 78 cents per share, in 2023 compared with a loss of $87 million, or 8 cents per share, in the fourth quarter of 2022. Southern Company also reported full-year 2023 earnings of $4.0 billion, or $3.64 per share, compared with $3.5 billion, or $3.28 per share, in 2022. Excluding the items described under "Net Income – Excluding Items" in the table below, Southern Company earned $700 million, or 64 cents per share, during the fourth quarter of 2023, compared with $285
Guggenheim downgraded Southern from Buy to Neutral
Jefferies initiated coverage of Southern with a rating of Hold and set a new price target of $94.00
Mizuho downgraded Southern from Outperform to Neutral and set a new price target of $90.00
Wolfe Research downgraded Southern from Outperform to Peer Perform
UBS downgraded Southern from Buy to Neutral
BMO Capital Markets upgraded Southern from Market Perform to Outperform and set a new price target of $77.00 from $72.00 previously
Citigroup initiated coverage of Southern with a rating of Buy and set a new price target of $82.00
Scotiabank downgraded Southern from Sector Outperform to Sector Perform and set a new price target of $78.00
Scotiabank upgraded Southern from Sector Perform to Sector Outperform and set a new price target of $78.00
BofA Securities upgraded Southern from Underperform to Neutral
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GULFPORT, Miss., March 5, 2025 /PRNewswire/ -- Mississippi Power announced today that Pedro Cherry has been named president of the company with Anthony Wilson continuing in his roles of chairman and CEO until summer. Cherry has worked in the energy industry for 30 years and been a part of the Southern Company system for nearly 25 years. He previously served as president and CEO of both Atlanta Gas Light and Chattanooga Gas, two southern region natural gas utilities that serve approximately 1.8 million customers in two states. "I am excited to join Mississippi Power during the
ATLANTA, Feb. 12, 2025 /PRNewswire/ -- The Board of Directors of Southern Company today announced the election of James O. (Jimmy) Etheredge as an independent director, effective Apr. 1, 2025. Board committee assignments have not yet been determined. "Jimmy's extensive leadership experience makes him an invaluable addition to our board," said Southern Company chairman, president, and CEO Chris Womack. "His proven track record in leading large teams, discovering innovative solutions, and understanding various industry sectors, including utilities, aligns with our company's obje
ATLANTA, Jan. 8, 2025 /PRNewswire/ -- Southern Company Gas today announced its board of directors has elected Stephen Edwards, chief executive officer and executive director of the Virginia Port Authority, and A. Benjamin Spencer, dean of the William & Mary Law School, to join the company's board, effective Jan. 1, 2025. "We are honored to have Stephen and Ben join our board of directors," said Southern Company Gas Chairman, President and Chief Executive Officer James Y. (Jim) Kerr II. "With their experience and proven leadership, I am confident they will help us continue to s
John W. Rogers Jr., Chairman and co-CEO of Ariel Investments, LLC, to join the EOC Management Committee as Chair, plus Edison International, Exelon Corporation, and Southern Company join Xcel Energy, Micron, and Air Products to help expand U.S. procurement and supply chain opportunities for small and historically underutilized businesses NEW YORK, July 18, 2024 /PRNewswire/ -- The Rockefeller Foundation announced today that John W. Rogers Jr., Chairman and co-CEO of Ariel Investments, LLC, has joined the Economic Opportunity Coalition's (EOC) Management Committee as Chair. In addition, the EOC is an innovative initiative that has received new procurement commitments from Edison International
Partnership with Georgia's technical colleges helping bring new professionals to field;Company expects to hire 170 lineworkers annually in coming years ATLANTA, April 4, 2024 /PRNewswire/ -- April is designated nationally as Lineworker Appreciation Month – a time to recognize and celebrate the thousands of lineworkers who work around the clock to keep the lights on for electric customers. This month, Georgia Power is highlighting the successful, forward-thinking collaboration between the company and Georgia's technical colleges to recruit, train and employ the next generation of this critical workforce. For more than a century, Georgia Power has provided high-qu
VIRGINIA BEACH, Va., Dec. 20, 2023 /PRNewswire/ -- The Virginia Natural Gas Foundation has awarded a $60,000 grant to support the Children's Health Investment Program (CHIP) of South Hampton Roads' initiative to improve the health and well-being of children and families in southeastern Virginia. The grant will allow CHIP officials to begin construction of a community kitchen that will seek to address food insecurity, as well as provide educational programs centering on affordable, healthy meals and healthy cooking demonstrations that honor diverse culinary cuisines and traditions.
Georgia Natural Gas employee combines passion for learning with serving Georgia's education community ATLANTA, Sept. 6, 2023 /PRNewswire/ -- Communities In Schools of Georgia has appointed Georgia Natural Gas Data Compliance Manager Rashidah Hasan to the nonprofit's board of directors. With more than 15 years of experience in data compliance and project management, Hasan will lend expertise to CISGA in its mission to empower students to stay in school and achieve in life. "Rashidah's incredible depth of experience and commitment to our mission are invaluable to CISGA. As we em
ATLANTA, Aug. 23, 2021 /PRNewswire/ -- Southern Company today announced that Andrew W. Evans, executive vice president and Chief Financial Officer, announced his plans to retire. Mr. Evans will step down as executive vice president and CFO effective Sept. 1, 2021. He intends to remain employed as a senior advisor to the CEO until his retirement on Dec. 31, 2021. Additionally, he will be joining the Board of Directors of Georgia Power, a Southern Company subsidiary, upon his retirement. Daniel S. Tucker, currently executive vice president, CFO and Treasurer of Georgia Power, will succeed Evans as executive vice president and CFO of Southern Company, effective Sept. 1, 2021.
ATLANTA, Aug. 12, 2021 /PRNewswire/ -- Southern Company, via its technology incubator, has closed a deal to spinout Cloverly, the leading Application Programming Interface (API) for carbon offsetting. Cloverly announced the closing of the successful $2.1 million seed round in June and Southern Company retains a minority ownership stake in the company. The funding round was led by Tech Square Ventures with the SB Opportunity Fund (SoftBank) as well as Circadian Ventures, Knoll Ventures, Panoramic Ventures, and SaaS Ventures participating as other major investors. The deal is f
BIRMINGHAM, Ala., Jan. 13, 2021 /PRNewswire/ -- The board of directors of Alabama Power Company has declared the regular quarterly dividends on the company's outstanding preferred stock as follows: Preferred Stock ($100 Par Value) 4.20% - $1.05 per share 4.52% - $1.13 per share 4.60% - $1.15 per share 4.64% - $1.16 per share 4.72% - $1.18 per share 4.92% - $1.23 per share Class A Preferred Stock ($25 Capital Value) 5.00% - $.3125 per share These dividends are for the quarter ending March 31, 2021, payable April 1, 2021, to shareholders of record on March 17, 2021. Alabama Power, a subsidiary of Atlanta-based Southern Company (NYSE:SO), provide